Serious illness benefits can be included into your Life Insurance Policy

Certain long term insurance policies will only provision for specific events such as death serious illness. However, you can find policies that can cover you for both. In fact, if you choose the right insurer you can even include cover for disability as well. A household that relies on dual incomes to keep the home running without any financial shortfalls will really take strain in the event that something unfortunate happens. A serious illness is the perfect example of such an atrocity. Cancer, Alzheimer’s, liver disease and accidental exposure to HIV are the most prominent illnesses that can affect you in a debilitating way. If any of these happen to you, it may happen that you will not be able to work or earn an income. Even if the disease only affects you for a short period of time it could cause a serious problem. Falling ill for a prolonged periods often leaves you out of action for months, even years in some cases. Your employer is only able to cover your salary with sick leave for a very short period of time, and if you have to be off for longer than they can provision for then you will end up without a salary and your dual income goes straight out the window.

Essentially, your serious illness benefit will cover you in the event that you fall ill with a serious illness. These diseases often require a lot of medical attention, serious treatment and also end up being quite expensive as well. You are unable to work because you are always in bed or in hospital, you constantly need to go for checkups and you have to buy countless meds to keep you from getting worse. It’s alright if you can still attend work while you are taking the medicine, but if you have to stay home or you need to spend a lot more time in hospital then you can’t attend work. Your sick leave will run out and your company will start to dock your pay. You end up being forced to take unpaid leave and your salary takes a knock. If you are covered for a serious disease then at least you will be covered for it and you can then the serious illness benefit can kick in and you can still get an income even when you can’t. One could also choose womens insurance as an excellent life insurance policy.

With some careful planning and the right insurer you can add the serious illness benefit to your life cover and ensure that you are covered at both ends if something serious has to happen to you.

Priceline Protects is an Insurance firm. This offers womens insurance, serious life insurance, insurance for women and other critical illness insurance.